₦airaland Forum

JAGZZ: Mhen' I scored 53.57%.

That's a very good score. I am sure you're in the next stage already. Congrats

Paroman: Seems like case study 1 was far too hard a nut to crack for us, so I think what I currently have here is more interesting and simpler.Na beg I dey beg una, biko let's endeavor to contribute to solving this new case study question. Biko . Even if your analysis won't be more than 5 lines, at long as it is meaningful and we can learn one or two things from it. That is the essence of brainstorming. Thank you.


Case Study 2


Your friend owns a full service petrol station somewhere around Gwarinpa, Abuja where most of the world famous hotels, casinos and resort properties are located. Recently, he is thinking about installing a slot machine in his petrol station. He has asked you if he should do it or not. What advice would you give to your friends?


Additional Information:

Your friend is looking to install only 1 slot machine, which costs
N500,000 (one time cost).
The slot has to have a minimum payout rate of 75%. You are able
to set the payout rate yourself.
There is an annual licensing fee of N100,000.
The average Abuja hotel casino slot machine brings in N20,000
per day in revenue.


Additional Assumptions:

Since the slot machine will not be located in a hotel casino,
assume it would bring in only 50% of a casino slot machine’s
revenue.
Variable costs: electricity costs N100 per day
The petrol station is open every day
Your friend is considering a payout rate of 80%
The lifespan of a slot machine
Taxes are 30% of revenue

Payout rate = Ease and speed of payments.

Before I offer advice to my friend, I'll have to obtain these data from him.
1: possible amount of revenue to be generated
2: cost of installing and operating the machine annually.

From what is generated, 50% of casino hotel revenue from slot machine is N10,000 by 365 days = approx. N3,650,000
Now, if he invests N500,000naira in slotmachine installation(with 1year life span presumably), license fee is N100,000, Operating cost(Electricity 100 x 365)= N36,500 and Tax which is 30% of revenue is N1,095,000
Hence Total cost will become = N1,731,500
His Annual Profit is = Annual Rev - Total cost ie N3,650,000 - N1,731,500 = N1,918,500. From the calculations above, it can be inferred that there's about 110% profit in the venture, so its is very profitable. Considerering the general pool of customers withing the area(financial strength and prefered payout rate), I will also suggest that my friend marks his slot pay out rate at above 90% or more(if possible above what is obtainable in the casino hotel) since this does not affect the efficiency of the slot machine. Why can't I even make it 95 or 100% as this is likely to lure customers from the casino to my station for similar business. Hence boosting customer influx and thereby increasing the projected 50percent revenue.
2. I will also advice my friend to get a machine with a higher lifespan of about 2years or more because it is directly proportional to profit. This way, he'll have a higher and better profit annually.


Thank you. Please please correct me Paroman & Oluchieye ..
I still have
a long way to go I know. God bless

ednut1: baba dis scammers don wise o. dey no longer use gmail hahahahaha. idoits

Lmao!! Its now @outlook.com o.. Haha

wonda26: I was around before the tsunami....

I never reach this side since till now....

All the same... I know say u join the peeping squad too...u wan just use me take sneak enter the thread

LOL. Right now, David470 and Wonda26 are both peeping.

Paroman: You!! Na my first time of reading your comment on this thread be this, na only you waka come? You no gree contribute to this thread since its inception, na now you kon dey show face . Ok ok I was just being silly , do we all agree the case studies should start rolling in now, or we chill out a bit till other s come around.

LOL. Lai Lai. I have always been there jare. The comments have become thin that's why u just noticed. Check ur mail sha

How do we get the Case Studies? Its important we look at them now. Help us guys (Paroman et al).. Thanks

Tonykings: Yes you do look like an unemployed.... If your "job" payes you well to afford the kind of life you want why looking for another job? I don't blame you its d free 15mb mtn gave you dt I blame now anybody can come online and talk nonsense.. 3rd class environmental technology holder that lives in aba is talkin abt english, use ur english to put food on ur table.... That is pic below, anyway sorry if I went too far, you need to learn to respect people

Oga, you're not an Aisecer. Your outfit is quite flamboyant and immature too and you should be in Uni by now. . Plus Multinationals don't recruit with gmail/yahoo email. Just let the sleeping dog lie and move on.

galaxi: baba...am a safety engineer in an engineering firm.
and also have the liberty to look for better opporturnities.
your use of english is too poor for a man who have travelled this much.
If you are proud of yourself,upload your picture.
do my picture look like am unemployed?
get a life.

Hello, I understand you're one of the very few praticing the noble profession. Please, can you help me get an internship position in any coy to gain little experience? I am NiSP certified. Thanks

Follow me here www.twitter.com/chudidonas. I pay 100bucks for each ff and I instantly follow back too

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Keep following. Mentions not needed. Instant ff bk guaranteed.

Hv instantly ffd 50tweeps back. Ff @ www.twiiter.com/chudidonas and I'l ff u bk with mentioning me

Follow me my people, I even follow back without you asking www.twitter.com/chudidonas

cutetonye009: Pls my fellownairalanders, stop requesting for past questions and make do with the ones u ve @ ur disposal.. 10ks to the operator trainees,we now ve a clue of wat we should be expecting,my advice is that we shld all surf for sample questions and practice them...buh nevadless i will try to carve out time to forward the practice questions i ve got...i.e assessmentday and pwc past questions.. Thanks

Also foward to chudidonas@gmail.com God bless you

Hello guys, did anyone get a reply confirming application reciept when they applied online or manually through their lagos office? My family friend is asking for such reciept oo. Think I'l go to NPA PH office tomorrow to verify.

I will follow d link u provided, follows u, and you still want me to mention for a ff bk? Pls just ff bk. Anyway, its still www.twitter.com/chudidonas keep ffn lads.

Good!!! Have followed back 21 tweeps. Keep it coming in lads www.twitter.com/chudidonas

Hey guys. Ff me at www.twitter.com/chudidonas and I'l ff ryt bk without ur mention.

Amen. These opportunities really look good. 2014 is our year.

Fellow HSE aspirants, just saw this andthought I should share. NPA is looking for graduate fire fighters. So this might be an avenue to join the noble profession by Gods grace. http://www./hotjobs/24235/graduate-fire-officers-nigerian-ports-authority.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+hotnaijajobs+%28Hot+Nigerian+Jobs%29

Have tried these agencies before sha. They mostly recruit experienced professionals. Some of them won't even let you registeror apply for a job if the experience option is '0' or empty. But we are hopeful that one day God will come to our rescue.
@lookmanglw. Try Kafela or novella centerNebosh, iosh etc()

Alrighty boss. God bless U

You are too generous boss. Thanks a lot. I wish you merry merry xmas. Are you on bbm or twitter. Anyway to get closer to you and tap more of ur blessings sir? I would be greatful. Thanks

Alright boss. You have been very helpful. God bless you!

Also, which site is just for HSE alone?

Thanks shegun. I'l surely check the company's site. Pls you made mention of she recruitment agencies. Can you help myself and john with a few so we can submit our cvs too against 2014. And rem, we have no experience yet o. thanks

It does exist in career section but not centered on job opportunities. This one is still nice. OP, please is there anyhow someone with NISP certifications on SHE can get any safety job in this country. All offeres requires experience we don't have.

Pls guys what closing date did you fill in the form?

Assistant Golden Eaglets coach, Emmanuel Amuneke, on Monday evening assaulted a football agent, Henry Galliano, at the Rockview Hotel, Owerri, the Imo State capital.
According to PremiumTimes, the assault, which happened at about 6:00 p.m. happened because Golden Eaglets star, Kelechi Iheanacho, chose Galliano as his agent ahead of one recommended by Amuneke.
Galliano and his Nigerian partner, Solomon Oluwaseun, both said Amuneke invited them for a meeting before he got angry, saying that his (Amuneke’s chosen) agent must be the one to handle Iheanacho’s transfer.
Then when the agent, Galliano, tried to talk back, the coach slapped him and beat him up in the presence of over 25 people.
According to Galliano:
“I came to Nigeria to take Kelechi to his club. FC Porto and Manchester City are interested in him but Manchester City has a better package. 
Amuneke called me names, beat me up and embarrassed me, he said it’s impossible to just take his players,” Galliano said while accusing Amuneke of racial statements.
Galliano, an American, said Amuneke ordered Iheanacho to follow him to Abuja and also threatened him; which made the boy to burst into tears and went away.
“Kelechi is nowhere to be found, he started crying after the threat was made against him, the small boy is afraid and I hope he will not lose hope. Amuneke said he will delay his ITC and deal with him, he called vulgar words, cursing the boys and the players,” he said.
PREMIUM TIMES tried to speak to Iheanacho, but his phone was switched off. 
His father, when contacted, declined comment.
Amuneke, when contacted on phone, an angry Amuneke confirmed that he slapped Galliano and even threatened to beat him up again whenever he sees him.
He, however, denied being involved in the player’s possible transfer.
“Yes, of course I slapped him very well and I will do it again whenever I see him,” Amuneke said.
“He is an idiot, useless white man, he wants to come and reap where he didn’t sow. Kelechi is a nobody; yes, I said we helped him into the team, made him, moulded him into what he is today, he shouldn’t allow anybody to fool him,” the former winger said.
When asked the reason for his action and his rumoured roles in Kelechi and other players transfer business, Amuneke said,
“I care so much for my players, I am a coach. I’m not an agent but I just look out for the boys. He wants to come and sign a player just like that, he’s an idiot, I will not allow him.
Because the boy’s parents are poor and illiterate, he wants to use them. We are Nigerians and we’re not foolish,” he added.
Despite Amuneke’s denial, the shady involvement of Nigerian coaches and football officials in the transfer of players to foreign clubs is something muted and known by close observers of Nigerian football.
A football website, Goal.com, recently revealed that Super Eagles midfielder, Sunday Mba’s move to a French club, was scuttled because of the financial demands and involvement of Eagles coach, Stephen Keshi, and some officials of the NFF. 
Mba had been unveiled by the French club, Bastia, before he was forced to return to Nigeria.
PREMIUM TIMES learnt that Iheanacho has signed an agent deal officially with Galliano with a copy of the agreement sent to the secretariat of the Nigeria Football Federation, NFF.